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 Bursa Malaysia halts trading after KLCI falls, 10% limit

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TSsaimatkong
post Mar 10 2008, 04:51 PM, updated 18y ago

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KUALA LUMPUR: Bursa Malaysia halted trading at 2.58pm after the Kuala Lumpur Composite Index (KLCI) fell 10%, which is the maximum limit.

Trading will resume at 3.58pm.

The KLCI fell 130.01 points to 1,166.32, the biggest one-day percentage loss in recent years.

Turnover was 913 million shares valued at RM2.47bil. Losers hammered gainers 887 to 19.

Sime Darby fell RM1.90 to RM9.10, KPS lost RM1.74 to RM1.68, DiGi RM1.70 to RM21.30 while BCHB fell RM1.65 to RM8.55.

Other losers were IJM, down RM1.45 to RM5.50, Puncak RM1.36 to RM3.16, Tenaga RM1.25 to RM7.40 and Bursa RM1.05 to RMN8.90.

Wahhh... it's very serious leh sad.gif

prancingHORSE
post Mar 10 2008, 04:56 PM

I’m too awake for this to be a nightmare!
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What is the reason behind this?
TSsaimatkong
post Mar 10 2008, 05:03 PM

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I'm not sure but here's the source

It's should be election and US.
D-Zire
post Mar 10 2008, 05:03 PM

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coz bn failed to get the 2/3 majority.....lol....but i guess this is juz a knee-jerk reaction...tomolo share indices will definitely recover...
Darkmage12
post Mar 10 2008, 07:06 PM

shhhhhhhhh come i tell you something hehe
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QUOTE(D-Zire @ Mar 10 2008, 05:03 PM)
coz bn failed to get the 2/3 majority.....lol....but i guess this is juz a knee-jerk reaction...tomolo share indices will definitely recover...
*
10% call knee-jerk? more like angle sprain and cannot walk smile.gif
PrinceHamsap
post Mar 10 2008, 07:22 PM

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GLC company lar
raZorblAde
post Mar 10 2008, 09:25 PM

Getting Started
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projects awarded to the GLCs...becoz the projects will be studied to see it should be implemented
NelsonBoy
post Mar 12 2008, 12:00 AM

l Audio Paradise l
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aih.
bcuz ppl scare economy will down after BN lost election.
so they pull out their investment fr company cuz panic.
so the share prices jatuh la ^^.
so this the right time to BUY BUY BUY !!!!
max_cavalera
post Mar 21 2008, 02:25 PM

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Karnival mega sales malaysia just started wohoooo~~!!! biggrin.gif

 

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